CRA staff provided updates on multiple redevelopment projects and downtown properties.
Rogers redevelopment: Staff said the Rogers site is "so close to closing," noting a recent contract amendment reduced the developer's price by about $60,000 because the city will purchase a parcel intended for a turn lane. Staff are coordinating public-works timing and waterline installation needed by the developer.
Sustainable home prototypes: Two prototype homes cleared planning and are in private-side engineering; staff expect to pursue fortified certification and explore insurance and solar pairings to reduce homeowner costs. Dr. Wharton said an AI-generated 15-minute synopsis of the market analysis will be made available to the board and public.
Love Park and public art: Love Park engineering is underway and staff met with the Love family; the board will use a sole-source public-art selection process and bring artist recommendations back to the CRA board.
Bridal Commons unsolicited bid: Staff reported an unsolicited bid for Bridal Commons, an L-shaped assemblage of seven parcels near 9th Avenue East and 3rd Street East. Board members asked for maps and directed staff to take the unsolicited offer to the Central Community Advisory Committee for review and recommendation before proceeding.
Other updates: The Singing River sculpture is 50% constructed with footers planned for mid-December and installation expected by April; staff also noted the CRA won a redevelopment award for the Astoria on Ninth project and will pursue regional awards.
What happens next: Staff will continue to coordinate closings and infrastructure for Rogers, advance engineering for the sustainable prototypes, seek advisory input and maps for Bridal Commons, and return with recommendations and schedules for the board to consider.